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Listing Number: 215-20926
Category: Auto
Asking Price | $550,000 |
Down Payment | $400,000 |
Gross Revenue | $578,184 |
Total Adjusted Net Income | $196,460 |
Equipment / Fixtures | $80,000 |
Year Established | 1947 |
General Location | Hudson Valley |
Big Opportunity in Auto Repair! Well established, Profitable, Full service Auto repair shop with an excellent repuatation and loyal following! Little competition, huge customer base and a dynamic location with top of the line equipment including NYS Inspection Machine. Great network of suppliers and vendors. Real Estate consisting of 6984 SF Repair shop on .8 acres listed at $525,000 listed separately, to be purchased concurrently with business. Apartment included. Due to Covid, 2019 and 2018 are presented. 2020 financials available upon request.
Gross Revenue | $578,184 | Listed Price | $550,000 |
Total Income | $196,460 | Down Payment | $400,000 |
Base Rent | Square Feet | 6984 | |
Total Rent | Lease Expiration | ||
Rent Deposit | Lease Options |
Inventory | $69,186 | Leasehold Improvements | $0 |
Equipment / Fixtures | $80,000 | Other Assets |
Full-Time Employees | 3 | Training Period | 4 weeks |
Part-Time Employees | 2 | Special License Required | NYS Inspection |
Contract Staff | Reason for Selling | Retirement |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.